Salesforce billiaires Marc Benioff and his wife Lynne have bought Time magazine from Meredith Corp. for US $ 190 milli.
We are hored to be the caretakers of e of the world's foremost media companies and icic brands. Time has always been a familiar reflecti of the state of the world and reminds us that business is e of the biggest platforms for change.
This is a persal purchase and not a Salesforce acquisiti. except Time, Fortune and Sports Illustrated are also sold because "they have a different audience and advertisers than most other magazines."